
How To Manage Your Credit Score
Recent tallies show almost a third of U.S. credit scores fall below 649. While not impossible, acquiring a mortgage loan will likely be more difficult and more expensive at this level than with higher scores. Here are the fundamentals to guide you in establishing and maintaining a healthy and legitimate credit score . The somewhat obvious: Borrow only what you can afford to repay. Make all of your payments on time. Avoid excessive requests or inquiries for credit. Have an emergency account to pay for unexpected expenses. Check your report annually to contest and remove any erroneous information. The not-so-obvious: Do not...
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